Public Launches AI Agents for Prediction Markets
Public, an agentic brokerage platform based in New York City, has launched AI agents that enable members to trade on prediction markets. These tools allow users to either make trades directly or delegate decision-making to AI agents using real-time data from events likely to impact financial markets. The new feature covers a range of categories including crypto, commodities, climate, economics, and politics. Public's AI agents can monitor probabilities in these prediction markets and execute predefined actions based on changing outcomes—such as buying stocks if the likelihood of FDA approval for a healthcare company exceeds 75%. This integration is made possible through Public’s partnership with Kalshi, a CFTC-regulated financial exchange. The launch aims to give investors more tools to assess risks and opportunities in their portfolios. The platform has been operational since 2019 and serves affluent investors managing billions of dollars across various asset classes like stocks, bonds, crypto, and options.
